Enterprise and the Accelerating Impact Investing Initiative (AI3) released a new paper, Encouraging Community Investments through CDFIs: Proposals for a New Federal Tax Incentive, that outlines two proposals for encouraging impact investments. Impact investments provide both a social return – such as small business expansion, job creation, or the development of affordable homes – and a financial return. Currently, however, impact investments are typically taxed at the same rate as investments that provide only a financial return, which can inhibit investments in these critical financial products. Enterprise and AI3 describe two proposals to increase impact investments: a tax exemption on income earned through the investment; and a tax credit worth a percentage of the investment. Learn more about the paper in Enterprise’s blog post.
Published by Oklahoma Coalition for Affordable Housing
The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state. View all posts by Oklahoma Coalition for Affordable Housing